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Eldorado Gold Reports Strong Q4 2024 Production Growth

Eldorado Gold Corp. announces impressive growth in gold production for Q4 2024, with a total of 155,669 ounces produced. The company surpassed its guidance, indicating strong operational performance.

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AI Rating:   7

Preliminary Gold Production Data
Eldorado Gold Corp. reported a preliminary gold production increase of 7% for the full year 2024 compared to 2023, totaling 520,293 ounces. This figure exceeds the company's tightened guidance range of 505,000 to 530,000 ounces. The fourth quarter's production of 155,669 ounces, particularly strong at the Lamaque Complex and Kisladag, showcases operational strengths and suggests an effective response to the market demands.

Operational Performance Insights
With production in line with the company's expectations for a stronger second half in 2024, Eldorado is likely to instill positive sentiment among investors. This growth in production can improve investor confidence, potentially impacting the company's stock price positively when the full financial results are revealed in February 2025.